While the listing for 2845 Broadway at $38,500,000 was quietly removed from the MLS without a reported sale last week, as a tipster notes, the unfinished Gold Coast property which is currently owned by the Sperlings is actually under contract to be sold.
As plugged-in people know, the site upon which 2845 Broadway was built was purchased for $32 million in 2002, the cost of construction for the 17,500 square foot main home and 6,000 square foot guest house has already reached roughly $20 million, and the “buzz among brokers” is that it will cost another $8-16 million to finish the build.
Originally listed for $65,000,000 in 2006, if the sale of 2845 Broadway closes within 14 percent of its most recent list price it will be the most expensive home ever sold in San Francisco, relegating 2840 Broadway to the penultimate position at $33,000,000.
In terms of the buyer, we haven’t yet been able to confirm, but as always, we’ll keep you posted and plugged-in.
∙ The $65,000,000 House [SocketSite]
∙ Over $50 Million Invested And Now Asking $38.5M For 2845 Broadway [SocketSite]
∙ Behind The Sperling’s Shocking “Sale” Of 2323 Hyde For $9,000,000 [SocketSite]
∙ The Confidential Sale Price For 2840 Broadway On Billionaire’s Row [SocketSite]